Housing in Spanaway, WA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$488,000
Median List Price
$481,500
Price Per Sq Ft
$285
Days on Market
48
Active Inventory
64
Months of Supply
2.6
Seller's market
Zillow Home Value
$499,088
ZHVI — January 2026
Zillow Rent Index
$2,744
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
40.0%
Off Market in 2 Weeks
39.4%
Sale-to-List Ratio
101.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
25
New Listings
29
Pending Sales
33
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$285
Median List $/SF
$270
Spanaway vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Spanaway is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$401,000
Median Rent
$1,782
Total Housing Units
12,060
Vacancy Rate
3.4%
Owner Occupied
72.8%
Renter Occupied
27.3%
Median Property Tax
$3,953
per year
Monthly Cost (w/ Mortgage)
$1,790
Housing Types
The current median sale price in Spanaway, WA is $488,000 according to Redfin data. Homes spend a median of 48 days on the market. 40.0% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $285. Zillow's observed rent index is $2,744/month. About 72.8% of housing units are owner-occupied. The median year homes were built is 1990. There are 12,060 total housing units.